Kanzhun Ltd ADR (NASDAQ: BZ)’s stock price has decreased by -1.50 compared to its previous closing price of 20.40. However, the company has seen a -0.52% decrease in its stock price over the last five trading sessions. The Motley Fool reported 2024-03-15 that Chinese recruiting platform Kanzhun announced strong quarterly results and a new $200 million repurchase program. The company is succeeding with the help of its AI-driven, mobile-centric platform.
Is It Worth Investing in Kanzhun Ltd ADR (NASDAQ: BZ) Right Now?
Kanzhun Ltd ADR (NASDAQ: BZ) has a price-to-earnings ratio that is above its average at 59.02x. The stock has a 36-month beta value of 0.50. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BZ is 330.75M, and at present, short sellers hold a 3.90% of that float. On May 06, 2024, the average trading volume of BZ was 3.72M shares.
BZ’s Market Performance
The stock of Kanzhun Ltd ADR (BZ) has seen a -0.52% decrease in the past week, with a 5.10% rise in the past month, and a 46.79% gain in the past quarter. The volatility ratio for the week is 3.38%, and the volatility levels for the past 30 days are at 3.14% for BZ. The simple moving average for the past 20 days is 4.94% for BZ’s stock, with a 25.12% simple moving average for the past 200 days.
Analysts’ Opinion of BZ
Many brokerage firms have already submitted their reports for BZ stocks, with New Street repeating the rating for BZ by listing it as a “Buy.” The predicted price for BZ in the upcoming period, according to New Street is $25 based on the research report published on March 13, 2024 of the current year 2024.
New Street gave a rating of “Neutral” to BZ, setting the target price at $17 in the report published on December 20th of the previous year.
BZ Trading at 9.47% from the 50-Day Moving Average
After a stumble in the market that brought BZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.75% of loss for the given period.
Volatility was left at 3.14%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares surge +2.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.23% upper at present.
During the last 5 trading sessions, BZ fell by -0.32%, which changed the moving average for the period of 200-days by +29.40% in comparison to the 20-day moving average, which settled at $19.18. In addition, Kanzhun Ltd ADR saw 20.98% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BZ
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.82 for the gross margin
The net margin for Kanzhun Ltd ADR stands at 0.18. The total capital return value is set at 0.04. Equity return is now at value 8.60, with 6.58 for asset returns.
Based on Kanzhun Ltd ADR (BZ), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 10.88. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -4.4.
Currently, EBITDA for the company is 1.01 billion with net debt to EBITDA at -3.78. When we switch over and look at the enterprise to sales, we see a ratio of 10.01. The receivables turnover for the company is 26.96for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.07.
Conclusion
To sum up, Kanzhun Ltd ADR (BZ) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
